HGGC Acquires FPX

HGGC, a middle market private equity firm, today announced that it has completed the acquisition of FPX, a SaaS company and provider of Configure-Price-Quote (CPQ) applications.

As part of the transaction, senior FPX management has reinvested their proceeds from the sale and retained a significant minority stake in the business. Terms of the private transaction were not disclosed.

Read more about it here.